i tink 2/3 shd be fine....Originally Posted by novel
if we got 2/3 opposition in the parliament will that be consider crisis? can we expect price to drop?
if more den half...ppty px sure CRASH!
Exalted
i tink 2/3 shd be fine....if we got 2/3 opposition in the parliament will that be consider crisis? can we expect price to drop?
if more den half...ppty px sure CRASH!
Newbie
hey hey 2/3 already more than half right?!!
so all vote for opposition lah then we can start buying cheap condos
Exalted
ops...got tricked....i mean 1/3...hey hey 2/3 already more than half right?!!
so all vote for opposition lah then we can start buying cheap condos
Senior
At 2/3 opposition, anything also can happen man, gst reduced to 0%, medical bills reduced, hdb upgrading for every block within next 10 years, condo prices plummet, foreign worker tax levy reduction, minister's pay reduced, etc ... sure crisis le but I seriously doubt it'll ever happen in the near future.
Junior
Won't happen one lah. Got 10% (8 out of 87) opposition is already "freak" results already. One step at a time...
At 2/3 opposition, anything also can happen man, gst reduced to 0%, medical bills reduced, hdb upgrading for every block within next 10 years, condo prices plummet, foreign worker tax levy reduction, minister's pay reduced, etc ... sure crisis le but I seriously doubt it'll ever happen in the near future.
Junior
what will be the additional cooling measures after elections?
higher downpayment amt? hike in increase rates with higher installments (is that the reason for attractive 2 mth deposits rates ?) tighter conditions on 2nd investment property purchase esp. declaration of no properties financed overseas i hear alot did not declare that they have properties abroad
china tightened liquidity and raise banks' reserves and interest rates and rates hikes help to push down inflation
same for SG later? then are prices expected to flatten or rise?
Senior
As of now they are flooding the market with alot of bto and land sales....won't be surprise that a repeat of 2001-2004 happen again 3 years down the road with loads of empty completed homes.
Senior
Unlikely to happen. HDB use BTO. Private developers can always hold back if market is not good. Wait awhile then launch with some gimmicks. This is Singapore.
Valued Contributor
What has BTO got to do with empty flats? Doesn't make sense to me
Junior
developers hold back launching if their views are that of prices going up
one friend just mentioned that is not the case with the April developers launches. lets c if he's right
stocks in red also another factor he mentioned.
Junior
It will NOT happen... once election over, Govt will definitely open the flood gates and allow population increase up to 6.5m within 5 years.... so that the new citizens will vote for them in the next election and to grow the economy and also quickly get all the people in first so that by the 2016 election, singaporean already got used to 6.5m in SIN and hence they will be returned to power again....
Junior
why do you think developers are still bidding for land like siao.... coz they also know the govt plan... so forummers..... BUY BUY BUY!!!
Junior
dont think so. enbloc slowed down
agents said that sale transactions less but interests on rental transactions
most projects TOP now i hear no buyers snapping up as all wait on the sideline like some forumers here. Vultures looking for dead bodies
a lot of interest but not many transactions for 1500psf and below as sellers unrealistic on pricing as usual
agents cannot bridge the gap
however for above $1600 psf above still strong interest from foreign buyers
Apr can see developers quickly launching those below $1500psf
hence mopping away sales from existing projects
D11 and 21 see alot of TOP condos
What about D9 and D10?
Junior
if developers launching units < $1500psf see potential of price increase. they will hold back the launches
Junior
Coz now still election period only... Let's see.... Money and opportunity comes to those that can predict...
Junior
becos he up the price of 2xxk to 4xxk for 3 room flat HDB over the last 5 years. this does not correspondence to the salary hike of general folks.working what.... MBT wants prices increase to slow.... that's what he's getting... All should be happy....
Not sure if there'll be another CM....
if not for the coming election, i think the price will rise even higher?
all the cooling measures over the last 1.5 years seems last minutes. the under supply issue was ignored previously with reason....singaporeans are too choosy but I remembered those locations are lousy... far from town, away from central areas.
recently tone changed.... few weeks ago ST said in 15-20 years more high rise flats shall be built near to the transport hubs....
pap will still call the shot in the next 50 years and in our life time.
Junior
Its better for the gov to reduce rate of GLS and scrap SSD ..... r these monies go towards paying their million dollars salary?
.... and current ppty owners fear of an over supply suitation.
Senior
something is wrong, there is a huge sell off in commodities today. gold, silver, oil and even soft commodities are all plunging.
Exalted
silver super jialat...i tink nrly touch 50 den lau sai till 36.....sure many kena burntsomething is wrong, there is a huge sell off in commodities today. gold, silver, oil and even soft commodities are all plunging.
Senior
u sold all your silver liao?
when did it nearly touch 50? only a few days ago? i only see 36 now.
silver super jialat...i tink nrly touch 50 den lau sai till 36.....sure many kena burnt
Exalted
ya....tats y nvr monitor until only yday i realise silver tua lau sai....consider myself lucky
i tink last wk just b4 the GE thingy started....silver hit like ard 49
Senior
the last week or so, this forum has been so quiet except for all the election threads. LOL.
Exalted
ya lor....getting sick of it liao....can be quite toxic and brain draining....LOL
lets get back to this forum on sunday and discuss whether to enter the stock market on monday
aso thank goodness i sold all my hutchi ipo.....jus realised it drop below 90cts!
Senior
yeah, hopefully next monday onwards, everyone gets back to discuss ppty/stk mkts LOL.
yah, hutch lose both on forex and on capital depreciation.
ya lor....getting sick of it liao....can be quite toxic and brain draining....LOL
lets get back to this forum on sunday and discuss whether to enter the stock market on monday
aso thank goodness i sold all my hutchi ipo.....jus realised it drop below 90cts!
Junior
Property stock already dropping today....
Govt going to tell us in 6 months time HDB income eligibility raise to let middle income group buy HDB. Then they will continue to flood 20k BTO each year. in 6 years time when 3 years of orders are filled, get ready to receive 60k new HDB flats hitting the market.
hahah maybe then pple will f*** MBT again for building so much.
Senior
Is it 6 months? It take them that long? Well, it is unlikely govt will let middle income families infiltrate HDB. They'll probably channel them into EC with more subsidies and grants so those under $8k income bracket can continue to buy HDB... Otherwise EC will not have takers then their EC policy will fail. They cannot allow middle income to enter BTO/DBSS etc and the high income enter private ppty. Then the record number of EC launches will be deemed a failed project again... Too many complaints so they will not allow another one so quickly...
Exalted
vote wisely if u r heavily vested in STI
Senior
I am sure there will not be new launches tomorrow but are showflats opened tomorrow? There are many non-citizen housing agents around to work on that day!!!and there are also non-citizen potential buyers not going to the polls too!
Senior
before or after going to polls also can buy wat, sign a form only. LOL. i m sure all showflats will remain open.
I am sure there will not be new launches tomorrow but are showflats opened tomorrow? There are many non-citizen housing agents around to work on that day!!!
Newbie
actually my agent still ask me can view my unit or notbefore or after going to polls also can buy wat, sign a form only. LOL. i m sure all showflats will remain open.
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